# Global fishmeal and fish oil production showed a downward trend in the first 10 months of this year

> Global fishmeal and fish oil output fell in the first ten months of 2023, mainly because Peruvian production dropped 70% after the June season was cancelled. Chinese demand weakened, and China's cumulative fishmeal imports were down about 8% through September.

- Date: 2023-11-21 · published 2023-11-21T12:00:00.000Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/33269-global-fishmeal-and-fish-oil-production-showed-a-downward-trend-in-the-first-10
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

The combination of sharply lower Peruvian output and softer Chinese imports reflects a tight global fishmeal balance that supports prices for feed buyers.

## Read by commodity

- FISHMEAL: bullish ▲

## Sources

- tridge.com: https://www.tridge.com/news/global-fishmeal-and-fish-oil-production-showed-a-d

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.